Crystal Palace administrator Brendan Guilfoyle sounded a worried man when he was interviewed on Radio 5 a short time ago and well he might: Abyss
A thousand Palace fans protested at the ground yesterday and called on David Cameron to intervene, but the Coalition Government has indicated that they regard the matter as one for the club.
Guilfoyle said that he would have to start selling players after 3 p.m. today. The CPFC 2010 consortium might then walk away and the club would have to be liquidated as there is no alternative buyer.
The possibility of a groundshare at The Valley has been mooted, but no one has yet used the 'M' word that was uttered in the 1980s. Opposition to that is something that would unite the fans of both clubs.
I hope that a solution can be found as I want to beat Palace on the pitch not in the bankruptcy courts.
6 comments:
If Palace go bust today, do we get promoted?
That's an interesting thought DS.
But knowing our luck the football league would deem the play-off losers should go up!
Talk sport were talking about Sheff Wed not being relegated, along with Gills and Grimsby. But I think the fixtures are being worked out within the next week or so a decision would be required soon.
Pembury Addick
Sure as eggs is eggs Sheff W would avoid the drop and so on down the pyramid
My money's on an 11th hour deal at palarse.
Football club's that have been run into the ground by vain, careless buffoons very rarely actually disappear.
Pompey live to fight another day and they are in much much deeper doodoo than the nigels.
Football in England would be much better served by 2 relatively high profile clubs going to the wall - it would be a salutory lesson to the fly by night chumps running clubs and the FA, football league etc (who are all complicit in the felony) would have to impose proper governance to bring football clubs into line with the rest of business. It is in fact illegal to continue to trade a company that can not show that it can pay its bills. How many football clubs contine to get away with shortchanging their staff, the VATman, the taxman etc etc? It has to stop and palarse is as good a place to start as any...
SCM
Great post and I agree with your sentiments but very little will change in the Football business world ubfortunately. But it should.
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